Benchmark Bank Employees 401k Plan And Trust — Form 5500 plan (Benchmark Bank)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Benchmark Bank Employees 401k Plan And Trust is a benefit plan reported by Benchmark Bank under EIN 75-1163748 and plan number 001. The latest loaded filing year is 2023. The filing reports 246 participants and $23,368,595 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Benchmark Bank
- EIN
- 75-1163748
- Plan number
- 001
- Plan type
- 2
- Location
- Plano, TX
- Latest filing year
- 2023
- Participants
- 246
- End-of-year plan assets
- $23,368,595
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 246 | H, C | 20241010130441NAL0020112401001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $23,368,595
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,368,595
- Net assets (BOY)
- $20,793,035
Income & contributions
- Employer contributions
- $533,894
- Participant contributions
- $1,001,843
- Total contributions
- $1,605,936
- Total income / additions
- $4,562,800
Expenses & distributions
- Benefits paid
- $1,911,631
- Administrative expenses
- $75,609
- Total expenses
- $1,987,240
- Net increase / (decrease)
- $2,575,560
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Benchmark Private Wealth Management | INVESTMENT ADVISOR | $31,501 | not reported in the loaded dataset | 2023 |
| Beacon Pointe Advisors Co. | NONE | $24,071 | not reported in the loaded dataset | 2023 |
| Newport Group, Inc. | NONE | $15,388 | $0 | 2023 |